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Total Business Passport Cost = $44,867.48 <br /> Additional Items <br /> Annual Rate per Eligible = $50 <br /> Amount of Participant contribution = $0.00 <br /> Monthly Rate for Additional Eligible Participants <br /> Monthly rate for ONE additional Eligible _ $3.36 <br /> Participant <br /> Business Passport Flat Rate Payment Terms <br /> • Payment Terms: 1 payment. Net 60 days, from Agreement start date. <br /> • Invoice provided at least 30 days prior to the due dates. <br /> Vanpool and Vanshare Service <br /> • Vanpool and Vanshare: <br /> The vanpool/vanshare subsidy dollar amounts specified above are based on the <br /> estimated usage by Eligible Employees of each included Agency's vanpool/vanshare <br /> services. <br /> o If the vanpool/vanshare dollar amount specified above is less than the amount <br /> due for actual usage by Eligible Employees for any of the included Agency's <br /> vanpool/vanshare services under this Agreement, the provider Agency may <br /> invoice the Business Account for the additional use. <br /> o If the Business Account enters into a successor agreement to this Agreement, <br /> the difference between the specified amount above and the actual amount due <br /> each included Agency under this Agreement will be calculated. An overpayment <br /> under this Agreement will be subtracted from the amount specified in the <br /> successor agreement. A deficit under this Agreement will be added to the <br /> amount specified in the successor agreement, if the provider Agency did not <br /> submit a supplemental invoice. <br /> o If this Agreement is terminated or expires without the Business Account entering <br /> into a successor agreement, the difference between the specified amount above <br /> and the actual amount due each included Agency under this Agreement will be <br /> calculated. An overpayment under this Agreement will be credited against any <br /> amount still due from the Business Account, or reimbursed by the provider <br /> Agency if none is still due. A deficit under this Agreement shall become <br /> immediately due and payable by the Business Account to the provider Agency. <br /> ORCA Passport Agreement Page 18 of 23 <br /> City of Everett BA ID: 1891 <br /> January 1,2017-December 31,2017 <br />